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In 2017 Kara leveraged her prior corporate experience to launch LeadCoverage, a strategy consultancy addressing all elements of the B2B sales conversion cycle for supply chain companies. The book goes beyond theoretical concepts and serves as a playbook for crafting data-driven go-to-market strategies.
A GT Nexus study found 75 percent of respondents describe digital transformation of the supply chain as “important.”. That same study found only 5 percent of those surveyed were very satisfied with their digital progress so far. Harnessing Big Data. Changing Consumer Expectations. Customer experience and immediacy is prized.
Where Freight is Going in 2017. But data transparency within the logistics industry is lacking at best. Take a look at the range in carrier prices for forwarders along one the world’s busiest routes (Shanghai to Long Beach, CA), in a data snapshot from mid-December 2016. Transparency and Overcapacity. What happened in 2016.
I’m in New Orleans this week speaking at the Command Alkon ELEVATE 2017 conference. I’ll share my takeaways in a future post, but in the meantime, check out the top posts and new episodes from Q3 2017 (if you missed the top posts and the new episodes from Q1 and Q2, you can read/watch them here and here , respectively). Top Posts.
Measuring a sample of more than 1 million items from five leading retailers and eight brand owners, the study also found that when RFID was not implemented, 69 percent of orders shipped and received from brands to their retailer partners contained data errors. Researchers anticipate Phase 2 will be completed in mid-2019. .
Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply chain leaders are wanting their organizations to be data-driven.
At the close of 2016, the 21 st Annual Third-Party Logistics Study found the overall use of third-party logistics providers ( 3PLs ) is increasing, but the types of logistics services utilized indicate the industry is entering a shift in how it operates. 3PLs and Shippers Report Positive Partnership Outcomes. percent.
Often, teams think they also need plenty of clean and accurate data to do it right. He gathered and looked at the data and would produce a forecast based on previous experiences. He was changing forecasting data upon verification but also based on gut feel. Then we’ll have a more consistent way of getting our data.
Supply chain disruptions continue to grow at an alarming rate, according to a new study, 2018 EventWatch Supply Chain Disruption Report, by Resilinc. Our data shows that impactful events happen one-third of the time, nearly every day, which should make CEOs and Board of Directors take the risk seriously.”.
The answers were revealed at the SummerCon 2017 conference a couple of weeks ago where LLamasoft introduced “Planning by Design” and SupplyChainPlanning.com, which the company describes as “building blocks to improve your current planning capabilities through design technology.”. What would this “next generation solution” be?
According to a report* by UCL Hazard Research Center, there were 16 weather-related events in 2017 in the United States alone that cost one billion dollars each. ” Despite the high percentage, only 16 percent of them used commercial weather data. To what extent is weather data guiding your company’s decision-making?
Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” The findings were derived from an online survey of 250 executives at leading U.S.
According to a 2017 Michigan State University Supply Chain Management study , “supply chain and product complexity possess a number of sources that vex supply chain operations…customer accommodation is the first,” including the demand for speed and visibility into shipments. Data is the fuel that powers the modern supply chain.
Often, teams think they also need plenty of clean and accurate data to do it right. He gathered and looked at the data and would produce a forecast based on previous experiences. He was changing forecasting data upon verification but also based on gut feel. Then we’ll have a more consistent way of getting our data.
Last year the National Association of Foreign-Trade Zones (NAFTZ) asked CBP to delay the planned September 16, 2017 transition of the Application for Foreign-Trade Zone Admission and/or Status Designation from the agency’s legacy computer system to the new Automated Commercial Environment (ACE) platform, American Shipper reports.
Often, teams think they also need plenty of clean and accurate data to do it right. He gathered and looked at the data and would produce a forecast based on previous experiences. He was changing forecasting data upon verification but also based on gut feel. Then we’ll have a more consistent way of getting our data.
The list includes the best of our blog and news items, our latest webinars and most recent case studies. Often, teams think they also need plenty of clean and accurate data to do it right. It’s the perfect companion for an inspiring holiday break! . Chris Gordon, AIMMS VP North America, discusses this on our blog.
According to the findings from the “26th Annual Study of Logistics and Transportation Trends (Masters of Logistics)”, more companies are beginning to understand that new business models and new competition in the field are changing customer expectations. Improving Data Shows the Real Strength of Trucking. in 2017 versus 20.8%
84% of respondents in a 2017study stated that they want an affordable network design solution, but only 54% of them thought available tools meet their price expectation. Drawing on Lora Cecere’s research again, companies are still thinking in transactional terms and not focusing enough on planning data.
The mean cost of developing a new drug has been the subject of debate, with recent studies estimating that the costs range from $314 million to $2.8 The most recent study estimated that the median cost of getting a new drug to market was $985 million, and the average cost was $1.3 They got good results from that implementation.
The real-time freight visibility space was particularly hot in 2017, with two major acquisitions announced last year, including Descartes’s acquisition of MacroPoint in August 2017. In case you missed it, check out my short video interview with William and David and our write-up of the case study.
As the title of my post suggests, the answer to the question depends on who you ask, when you ask it, and what data you use. Speaking of data, let’s start with a basic question: How many truck drivers are there in the United States? Here are some excerpts from her article : BLS researchers parsed agency data on U.S.
Solving the challenge and underlying issues will require focus and attention to internal processes, better communication with carriers and partners, and using technology to gather and make sense of the vast amount of data flowing through transportation networks. That all changed with the summer of 2017. Focus on the Right Data.
Prologis, a global leader in logistics real estate , in partnership with independent advisory firm Oxford Economics has released an updated study on the economic impact of its global operations. The study is the third to be conducted by Oxford Economics – the first was published in 2017 and followed up in 2020.
Data from Motive, which tracks trucking visits to North American distribution facilities for the top five retailers, shows volume up 30% year-over-year in June. million non-COVID-19 claims across 31 states, found that work injuries among workers with shorter tenure increased from 18% to 23% during the study period, the report states.
The 2030 roadmap is targeting a reduction in CO2 emissions of 33% for scopes 1 and 2, and of 16% for scope 3, versus 2017 ( definition for scopes 1, 2, and 3 ). and Data Science. The Coupa tool provides a much more efficient way to conduct cost saving/sustainability studies. The company typically does 25 to 50 studies per year.
To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey. Here are the complete data representing how many supply chain management professionals perceived these threats as significant. These disruptions included the following.
According to a report* by UCL Hazard Research Center, there were 16 weather-related events in 2017 in the United States alone that cost one billion dollars each. According to the study, 47 percent of the surveyed supply chain professionals cited weather as “one of the top three factors external to their business that drives consumer demand.”
The study’s economic impact model found that activities carried out by customers operating across the entire Prologis UK portfolio, which includes 22 Prologis Parks in the Midlands, South East and London, make a significant contribution to the national economy , with goods flowing through the buildings equivalent to approximately 2.6%
The list includes our best supply chain analytics blogs and news items, our latest webinars and most recent case studies. Often, teams think they also need plenty of clean and accurate data to do it right. It’s the perfect companion for an inspiring holiday break! .
We need problem solvers, people that can work with data from a data analytics perspective. The premise of the study was interesting. The 2017 hurricane season,” Mr. Herzog said, “was a big event on our journey. But when I listened to his remarks, what I found more interesting were his comments on supply chain talent.
2017 was the year that blockchain technology finally made world headlines, but it was mostly for the wrong reason. Ethereum shares some common features with Bitcoin, including how it’s mined by computers and codifies unique data that can be used to track everything from transactions to an exchange of goods (more on that below).
To provide a comprehensive overview, the author draws from various academic studies, reports, and surveys to shed light on the latest trends and best practices in supply chain management. A recent study by the World Bank (2020) found that SMEs face higher logistics costs as a percentage of sales (21.3%) compared to larger firms (16.9%).
Once connected, the device reads data from a wide number of vehicle sensors including engine speed sensors, oxygen sensors, voltage sensors to name just a few. Depending on the device, it transmits various types of data about how the vehicle operates and whether it faces any engine-related problem. Improved Safety on the Road.
With the security and transparency it offers, block chain is an impenetrable way to store and share the transaction data and improves credibility with fool proof transactions. The latest interesting trend during 2017 end is perfect order deliveries. Data-driven Logistics Driving Anticipatory Logistics-. Real Time Visibility.
Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2017 : exoskeletons, autonomous forklifts, flying warehouses, last-mile delivery, and more. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019.
84% of respondents in a 2017study stated that they want an affordable network design solution, but only 54% of them thought available tools meet their price expectation. Drawing on Lora Cecere’s research again, companies are still thinking in transactional terms and not focusing enough on planning data.
” In the middle of 2017, SSI Schaefer handed over a system for mainly automated logistics processes with store-friendly picking and provision. . ” In the middle of 2017, SSI Schaefer handed over a system for mainly automated logistics processes with store-friendly picking and provision.
Using data on 2017 truck traffic, the CBO estimated that a tax of 1 cent per mile on all roads would have raised approximately $2.6 billion that truck owners paid in 2017, as well as their proportional share of the $13.5 billion in revenues credited to the trust fund in the fiscal year 2017. Of that amount, $25.9
When you consider the amount of information people post digitally, there is a lot of sensitive data out there, just waiting to be taken. The average value of cargos stolen by fictitious pickup was $203,744 vs. $174,380 per incident for cargo thefts overall during the study period, a 17 percent differential.
How can I summarize the many sessions and customer case studies I attended in a short blog post? One of Descartes’ most high-profile acquisitions was its purchase of MacroPoint for $107 million in August 2017. presented a great case study on the company’s journey and success with real-time freight visibility.
A recent study from Manhattan Associates suggests outdated IT infrastructure is holding you back. From inventory management to real-time data analysis, a robust IT infrastructure is essential for maintaining efficient and scalable operations. The NHS example highlights the broader implications of failing to invest in modern IT systems.
In this blog post, it will explored how implementing innovative logistics solutions within universities can lead to significant improvements in resource management, cost savings, and overall sustainability, drawing on academic research, statistical data, and real-world success stories. According to a study by Barth et al.
Through the course of 2017, and because of my academic research, I have been extremely fortunate to interview a range of senior military officers and public servants. Strategic failures emerge when ‘thinkers’ are separated from ‘doers’, ‘strategists’ from ‘planners’ and ‘soft data’ from ‘hard data’. By David Beaumont.
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